Alfred Lin - May 25, 2022 Form 4/A - Amendment Insider Report for Airbnb, Inc. (ABNB)

Signature
/s/ Jung Yeon Son, Attorney-in-fact for Alfred Lin
Stock symbol
ABNB
Transactions as of
May 25, 2022
Transactions value $
$0
Form type
4/A - Amendment
Date filed
6/2/2022, 05:31 PM
Date Of Original Report
May 27, 2022
Previous filing
May 10, 2022
Next filing
Jun 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ABNB Class A Common Stock Other $0 +8.15K +1.6% $0.00 519K May 31, 2022 See Footnotes F1, F2, F4, F5
holding ABNB Class A Common Stock 306K May 25, 2022 Sequoia Capital Fund, LP F6
holding ABNB Class A Common Stock 40.8K May 25, 2022 Sequoia Capital Fund Parallel, LLC F6
holding ABNB Class A Common Stock 127K May 25, 2022 By estate planning vehicle
holding ABNB Class A Common Stock 8.78K May 25, 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ABNB Class B Common Stock Other $0 +1.81M +42.89% $0.00 6.04M May 25, 2022 Class A Common Stock 1.81M Sequoia Capital Fund Parallel, LLC F3, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were received by Sequoia Capital U.S. Venture 2010-Seed Fund L.P. ("USV 2010-Seed") as part of a pro rata distribution-in-kind of Class A Common Stock of the Issuer to the limited partners of an investment fund.
F2 Includes shares of Class A Common Stock in the following amounts: 8,153 shares held by USV 2010-Seed, 502,758 shares held by Sequoia Capital Global Growth Fund II, L.P. ("GGF II"), and 7,746 shares held by Sequoia Capital Global Growth II Principals Fund, L.P. ("GGF II PF").
F3 The original Form 4, filed on May 27, 2022, is being amended by this Form 4 amendment to correct an administrative error, which misreported the number of securities acquired by Sequoia Capital Fund Parallel, LLC ("SCFP") on May 25, 2022. As a result of this administrative error, the number of shares beneficially owned by the reporting person following the corrected transaction reflects an increase in the number of shares reported as beneficially owned by the reporting person by 4,885 shares.
F4 The Reporting Person is a director and stockholder of SC US (TTGP), Ltd., which is: (i) the general partner of SC Global Growth II Management, L.P., which is the general partner of each Sequoia Capital Global Growth Fund II, L.P. ("GGF II") and Sequoia Capital Global Growth II Principals Fund, L.P. ("GGF II PF"); and (ii) the general partner of SC U.S. Venture 2010 Management, L.P., which is the general partner of USV 2010-Seed.
F5 (cont'd) The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
F6 The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. is (i) the general partner of Sequoia Capital Fund Management, L.P., which is the general partner of each of Sequoia Capital Fund, LP ("SCF") and the managing member of Sequoia Capital Fund Parallel, LLC ("SCFP"). The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
F7 Represents a pro rata distribution of Class A Common Stock of the Issuer to partners or members of the applicable distributing fund for no consideration and includes subsequent distributions by general partners or managing members to their respective partners or members and the contribution by such partners or members to the applicable recipient fund.